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Welcome to this spacious registered 2 apartment home, ideally situated in the desirable East End of St. John’s. Here, everyday convenience meets the added bonus of a beautiful neighbourhood park located right behind your backyard! This inviting 5 bedroom property features a level, fully fenced backyard complete with a storage shed & backs directly onto “Penney Crescent Park”, where you’ll find walking trails, tennis courts & children’s playground tucked away in this beautiful green-space! Imagine enjoying this wonderful outdoor setting while having shopping, schools, recreation, & all the amenities of city living just minutes away! The spacious 3-bedroom, 2.5-bathroom main residence offers a functional layout with plenty of room for family living & entertaining. The generous living room, separate dining room, & inviting eat-in kitchen provide comfortable gathering spaces, while rear access to the patio makes it easy to enjoy the backyard… & beyond! This split entry home has 3 bedrooms on the main floor with an ensuite off the primary bedroom, & also boasts a basement recroom (currently used as a 4th bedroom), half bath & laundry room. Adding exceptional value, the registered 2-bedroom basement apartment features above-ground windows welcoming natural light, a spacious living room, an eat-in kitchen, laundry area, full bath & 2 great-sized bedrooms. Currently rented for $1,200 per month, P.O.U., with a lease in place until May 31, 2027, this apartment offers established rental income. The main home is currently tenant-occupied, with vacant possession available for January 1st, 2027. Whether you’re a first-time buyer looking for a mortgage helper, a growing family seeking more space, or an investor looking for an income-producing property, this home offers an exceptional combination of location, versatility, & opportunity! As per the Seller’s Direction, no conveyance of offers prior to October 26th @ 10am & to remain open for acceptance until 2pm on the same day. (id:66441)
Cost To Own
Homes in a hot market often sell over asking. Model your winning bid, then adjust the financing to see the real cash to close and monthly carrying cost — including default insurance when you put down under 20%.
$429,900
Amortization
Add your monthly carrying costs
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Estimated Monthly Mortgage
$2,049
Cash To Close
$85,980
Estimate only — final costs depend on lender approval, taxes, insurance, and closing costs.
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For sale nearby
Homes for sale near 45 Penney Crescent with about 5 bedrooms at a similar price.
Market
Seller's market
2.3
months of inventory
Homes for sale divided by homes sold per month. Under 4 months favours sellers; over 6 favours buyers.
From current MLS® listings and MLS® sold records for St. John's. Counts only; sold prices are not published.
Elementary Schools
Macdonald Drive Elementary
PublicAnchor Academy
PrivateMary Queen of Peace Elementary
PublicSecondary Schools
Murphy Centre
PrivateMacdonald Drive Junior High
PublicSt. Paul's Junior High
PublicStraight-line distance from this property. Proximity does not determine enrolment — confirm catchment areas with the Newfoundland and Labrador English School District. School list and grade levels from Statistics Canada's Open Database of Educational Facilities; some locations from OpenStreetMap contributors.
Straight-line distance from this property. Healthcare locations from Statistics Canada's Open Database of Healthcare Facilities; shops, pharmacies and filling stations from OpenStreetMap contributors.